Price action and chart pattern trading
> Target projection of upcoming wave 5 estimated from Fibonacci 1.618 retracement of Wave 4 - A and equal to 2.618 of Wave 1.
> Minimum target 1.618 extension of minor wave 1.
Always trade with affordable risk ratio 3:1 for medium or long term
Respect your stop loss.
Good Luck
> Target projection of upcoming wave 5 estimated from Fibonacci 1.618 retracement of Wave 4 - A and equal to 2.618 of Wave 1.
> Minimum target 1.618 extension of minor wave 1.
Always trade with affordable risk ratio 3:1 for medium or long term
Respect your stop loss.
Good Luck
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.